QBE, SUA Agency to Offer Professional Liability Coverage to Mortgage Specialists

QBE North America has formed a program underwriting agreement with Stateside Underwriting Agency (SUA) to offer its clients who are title agents, abstractors and escrow agents professional liability insurance for primary and excess coverage.

Mortgage company professional liability and mortgage bankers bond insurance will be offered as excess coverage. This coverage will be provided through QBE North America’s insurance companies on both an admitted and non-admitted basis.

According to President of SUA Richard Nowell, the partnership will increase the capacity and expand the capabilities of SUA to handle a broader risk profile of clients.

The Specialty Programs unit, part of QBE Specialty, aligns with strategic partners to underwrite risks across a wide variety of industry sectors including accident & health, aviation, cyber, public company, private company, commercial errors & omissions, financial institutions, healthcare, transactional liability, trade credit, surety, and inland marine risk, for appointed retail and wholesale producers.